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In an apparent sign that they're bullish on their beleaguered company's prospects, executives and directors at Bsquare Corp. are buying up shares in the Bellevue-based wireless software maker.
Bsquare stock has suffered mightily since its initial public offering in 1999. Its once high-flying shares traded above $50, but now change hands for around 60 cents apiece.
But that long decline didn't stop a number of company insiders from buying up company shares in recent weeks.
Late last month, Bsquare chairman Donald Bibeault bought 200,000 shares, at 49 cents per share, according to filings with the Securities and Exchange Commission. Company president and CEO Brian Crowley, who also sits on the board, bought 10,000 shares at the same price the same day.